Monks Quarters and dragons

Making the world go around

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June 8th 2005
The exchange rate of KIP to Euro in shops is about 12,000. You can become a millionaire for an outlay 100Euro. I buy 50 Euros worth of KIP and get 625,000KIP; a wad of notes and an elastic band to keep it all together...The mind boggles at the prospect of this soon happening to the US dollar...... Magic Keynesian solution: If the economy is slugish and the world ain't turning, the people ain't ... read more

Asia » Laos » West » Luang Prabang

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Laos was under the control of Siam (Thailand) from the late 18th century until the late 19th century when it became part of French Indochina. The Franco-Siamese Treaty of 1907 defined the current Lao border with Thailand. In 1975, the Communist Pathe... ... read more